Personal Car Leasing FAQs

Car leasing is a long-term rental agreement where you pay monthly fees to use a vehicle for a set period, usually 2-4 years. At the end, you hand the car back.

Car leasing involves selecting a car, agreeing on terms like duration and mileage, making monthly payments, and returning the car at the lease end.

Benefits include lower monthly payments, driving new cars regularly, no depreciation worries, as well as a full manufacturer's warranty, breakdown, and road tax.

Leasing means paying to use a car for a specific period, while buying involves purchasing a car outright or through financing.

Most car makes and models are available for lease, including new and some used cars, though availability can vary by leasing company, and some cars are not recommended for lease.

Standard car lease terms range from 24 to 48 months, though some leasing companies offer shorter or longer terms.

A lease agreement typically includes the vehicle, road tax, manufacturer's warranty, and optional maintenance packages.

There are many ways to ensure you get the best lease deal, like being open to different models, lease terms and lead times. Check out our video on this to make sure you get the best lease deal.

Yes, electric cars are available for leasing and can offer lower running costs and tax benefits compared to traditional petrol or diesel cars.

While standard leases are 24-48 months, some leasing companies offer short-term leases or flexible leasing options to meet specific needs. We offer as little as 6 months, just contact us for a quotation.

Yes, lease agreements include mileage limits, which are agreed at the start of your lease.

Yes, you can increase your mileage during your lease. Just get in touch and you'll be given a new monthly rental to include the additional mileage. It is worth checking to see if it is cheaper to do it this way or pay the excess mileage charge at the end. We can help work this out for you in you're unsure.

Modifying a leased car is generally not allowed, as the vehicle must be returned in its original condition. However, depending on what you modify, you may be able to hand it back as is. The best thing to do is get in touch with us to clarify!

Yes, you can choose the colour, features, and specifications of your leased car, just as you would if buying. This is known as a factory order, where we order your car to be built as per your desired specification.

If you lease a stock car, this can be turned around from anywhere between a couple of days and a couple of weeks, depending on exactly where the car is. If you decide to go for a pipeline vehicle or factory order, it will take longer. The best thing to do is give us a call to discuss your requirements.

Report the accident to your leasing company and follow their guidelines.

Yes, we do! Visit our 'Sell My Car' page in the menu bar.

A good credit score can help secure better lease terms, but options are available for those with less-than-perfect credit.

Yes, some leasing companies offer plans for those with poor credit, though you may face higher payments or larger initial deposits.

You need to be at least 18 years of age to lease a car in the UK.

You can lease on behalf of your spouse or child, as long as you live at the same address up to the age of 21 years.

Yes, in most cases you can, as long as you both equally use the vehicle.

Yes, although this does restrict the number of leasing companies available. You might be able to get a better deal if you wait until you have a full driving licence.

Yes, the number of points on your licence has no impact on your lease offer.

We work with multiple leasing companies that consider all types of businesses, including those trading for as little as 3 months, with supporting documents.

Yes, new businesses can lease cars, but they may need to provide additional documentation like management accounts.

We require a copy of your driving licence at the very least. In some cases, we may require more documents, such as proof of address, a copy of your passport, proof of employment, and bank statements.

Yes, self-employed individuals can lease cars, though they may need to provide additional documentation like tax returns or business accounts.

Yes, although ending a lease early can incur significant fees, including early termination charges and the remaining lease balance. Usually, it will cost you 50% of the remaining rentals to end your lease early.

Yes, many leasing companies offer lease extensions, allowing you to keep the car for an additional period beyond the original term.

Most leasing companies in the UK will not allow you to swap your car for a different one mid-contract.

Missing a lease payment can result in late fees and potential damage to your credit score. It’s important to contact your leasing company immediately to discuss options.

Some leases allow transfers, enabling you to transfer the lease to another person. This process depends on the leasing company’s policies. Get in touch if you'd like to find out.

Yes, most leases require an initial payment, also known as an initial rental, which is typically equivalent to several months' payments. There may also be administration fees to set up the lease.

In most cases, your initial rental is paid 10-14 days after delivery via direct debit.

Exceeding the mileage limit incurs additional charges, often calculated on a per-mile basis, which is set out at the start of your agreement.

Some leasing companies offer the option to purchase the car at the end of the lease for a predetermined price.

The initial payment, or initial rental, is an upfront cost usually equivalent to several months’ lease payments, paid at the start of the lease.

All costs are outlined in the lease agreement, like excess mileage charges, wear and tear fees, and early termination fees. These are never hidden.

Businesses can usually reclaim 50% of the VAT on lease payments for cars used for both business and personal use, and 100% on maintenance costs.

Excess wear and tear charges apply if the car is returned with damage beyond normal use. Leasing companies provide guidelines on acceptable wear and tear.

Your monthly rentals will begin 1 month after delivery unless you have specified a specific date beforehand.

Yes, with most leasing companies will allow you to change the date of your direct debit.

No, car insurance is not typically included in a lease. Lessees must arrange their own insurance and it must be fully comprehensive.

Follow the manufacturer’s maintenance schedule and keep up with regular services. Most modern cars tell you as and when maintenance is required, such as service and oil lights. Consider adding a maintenance package to your lease for convenience and potential savings!

A maintenance package covers routine services and repairs, as well as replacement tyres, depending on the package.

As all cars are brand new, you'll get a minimum of 12 months breakdown cover as standard. However, most manufacturers will include a breakdown for the duration of the warranty, which is 3 years on most cars.

Maintenance packages often include wear and tear items like tyres and brakes, but it’s essential to check the specifics of your agreement, as you can opt to not include tyres for a cheaper maintenance option.

Yes, if the lease term extends beyond three years, the car will require an MOT. Some maintenance packages cover the cost of the MOT.

At the end of your lease, the first option is to return the car to the leasing company. The vehicle will be inspected for any damage or excess mileage. If everything is in order, you simply hand over the keys and can choose to start a new lease with a different vehicle. Or, if you decide to, you can request to extend your lease or even purchase it.

Many leasing companies offer the option to extend your lease term. This can be an informal extension, whereby you pay month to month, or it could be a formal extension, where it is fixed for 6 or 12 months for a new price. Contact your leasing provider to discuss extension options and terms.

Some leasing companies offer the option to purchase the car at the end of the lease. Contact your leasing provider to request this.

Someone will come to the address you've booked for collection and inspect the vehicle for damage, excess wear and tear, and excess mileage. This usually takes around 20 minutes and the inspector will go through their findings with you.

After your inspector leaves with the lease car, you will be sent a finalised breakdown of the charges. You will be able to argue these if you think they are unfair or inaccurate.

Be nice! When your inspector arrives, be polite and kind, and don't think twice about offering them a cup of tea or coffee! They are in control of what damage they think you should be billed for.

Potential charges at the end of a lease include excess mileage fees, damage repairs, and any mis-maintenance.

Clean the car thoroughly, remove all personal items, and ensure all of the vehicle accessories are back. You may also want to address any minor repairs or maintenance to avoid charges.

Yes, many people choose to start a new lease with a different car at the end of their current lease. This allows you to drive a new car with the latest features.

When you renew your lease, you can pay as much or as little as you like upfront. We'll go through all of these options with you beforehand.

Contact Motorlet Leasing's expert team for personalised advice and support with all your leasing questions. We’re here to help you every step of the way.

Use HMRC’s BIK calculator or our online tools to estimate your BIK liability based on your chosen vehicle’s specifications.

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Contact our support team for assistance with any issues related to your leased car. We’ll help you resolve problems quickly and efficiently.